 Hi Edward, Here are the most important news that you need to know. The peso on Monday breached the 55:$1 mark at an intraday weakest of 55.15 against the dollar, raising concerns that the local currency is sliding too fast despite government assurances that it remains stable. Oil companies raised local pump prices anew this week but the upward adjustment was lower than the previous weeks.  PARADE FOR NEW PRESIDENT Troops joining a civic and military parade polish their moves as they rehearse in front of the National Museum on Monday as part of preparations for the inauguration of President-elect Ferdinand Marcos Jr. on June 30. —NIÑO JESUS ORBETA For the first time in two years, the Philippine offshore gaming operator (Pogo) industry is slowly making a comeback, taking up long-vacated offices and repopulating urban residences.  The organizations unfairly Red-tagged and blocked should take up Malacañang’s advice for them to seek 'legal remedies' and challenge the arbitrary move of the outgoing NSA that runs counter to the law.  Banking on its century-old legacy and time-honored values, the Aboitiz Group is now well poised to take a leap towards an ambitious “Great Transformation” that will see this conglomerate redefining itself as the Philippines’ first techglomerate. |
Monday, June 27, 2022
Peso breaches 55:$1, now Asean’s worst performer
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